Oil and Gas Projects
Egypt’s Ethylco seeks additional lenders
The sponsors and arrangers of the $1.925 billion Ethylco petrochemicals project will issue an information memorandum to banks
Petrobras signs with Odebrecht and Etesco on drillships
Petrobras has signed 15-year charter contracts with Odebrecht and Etesco to operate nine drillships that will be built in Brazil
QEP to use revolver to buy Williston shale
QEP Resources will use a combination of cash on hand and draws on a $1.5 billion revolving credit facility to fund its $1.38 billion acquisition of a Williston Basin oil shale property.